Viacom misses quarterly revenue estimates

Net income attributable to Viacom fell to $321 million, or 80 cents per share, in the first quarter ended Dec. 31 from $537 million, or $1.33 per share, a year earlier.

Total revenue rose to $3.09 billion from $3.07 billion, but missed estimates of $3.12 billion, according to IBES data from Refinitiv. (Reporting by Akanksha Rana in Bengaluru and Kenneth Li in New York; Editing by Sriraj Kalluvila)